| 23.12.2010 Opalesque Exclusive: UK FSA Code will not require majority of hedge funds to defer bonuses, however 50% of variable remuneration to be paid in shares |
| From the Opalesque team: According a report from the international law firm Schulte Roth & Zabel, the UK Financial Services Authority (FSA) published its delayed policy statement and final rules on its Remuneration Code on Dec. 17th, 2010 – following a consultation published in July. This consultation set out revisions to the Code, which previously only applied to large banks. The final Co |
| Article source: http://www.srz.com/files/News/b748df0c-784e-429b-9397-010840db98a6/Presentation/NewsAttachment/c16ff163-055e-4af0-907e-0231f930b234/122110_FSA_Remuneration_Code_Update.pdf - Opalesque is not responsible for the content of external internet sites |